Good and properly regulated payday loan companies must follow strict laws that control the finance industry.
It is always recommended to check that the company you are applying for is properly regulated. The pay day loan company offering you the loan should show its Consumer Credit License number within its loan conditions and it should be authorized by the Office of Fair Trading. Whenever you have doubts whether online payday loan company you are going to apply to is fully and properly regulated you can contact either of these bodies and ask for information.
In case you have any complaints a properly regulated payday loan company will be a recognized body to make any complaints. That guarantees that you will never be subject to any unfair practices.